Expert at ALIS: Economy Up by Sept. 2009from Hotel News NowThough many forecast the gloomy clouds of the economic downturn to linger well into 2010, at least one attendee at the Americas Investment Lodging Summit predicted a break of daylight by the third quarter of 2009. “I think we’re going to get an economic recovery just in time for back-to-school sales in September,” said Todd Buchholz, former White House director of economic policy. “Lodging and hospitality is going to benefit from this upswing as well,” he said. More

Should Bonuses Be Embraced or Shunned During the Recession?from 4HoteliersHow will the recession affect bonus payouts in the hospitality industry? HVS, a respected authority on hospitality submits that companies stick to their bonus plans and reward high performers to motivate and retain top talent amidst the downturn. According to HVS Vice President, Trevor Belton, companies should be careful to stick to their bonus plans and reward those in the company that have met their goals and continue to be high performers. More

First Step In New Sales: Believe It Is Possiblefrom Hospitality NetAs a supplier for the hospitality industry for two decades, it has always been interesting to see how hotels and hotel companies react during times of economic downturn. This current downturn has been especially interesting to observe because for most hotels, it follows several years of record profits, which all seasoned veterans know can’t last forever. Even with the downturn many hotels will still produce respectable profits next year overall. More

Industry Education Sessions

Last Chance to Register!

Register for the 2009 Winter Education Sessions – Lodging Industry Business Forums at www.nyshta.org. By attending these informational sessions, featuring federal and state agency representatives, you will gain access to resources and services that will positively affect your property's bottom line.

EcoGreenHotel Provides Hoteliers Sustainable Solutions for 2009from Hotel News ResourceEcoGreenHotel has rolled out the 'Sustainability Support Program,' a green solution for a troublesome 2009. The program allows hotel owners and operators to begin a green hotel initiative at their property. 2009 is forecasted by hospitality experts to be a trying year for the entire industry. The Sustainability Support Program not only guarantees 2009 operational savings but also a return on investment in the same year. The program is even backed by the power of a 150% money back guarantee. 'It is a misconception that greening a hotel is a luxury or financial burden,' says EcoGreenHotel President, Scott Parisi. More

"We found evidence of an intrusion last week and immediately notified federal law enforcement officials as well as the card brands," said Robert H.B. Baldwin, Jr., Heartland's president and chief financial officer. "We understand that this incident may be the result of a widespread global cyber fraud operation, and we are cooperating closely with the United States Secret Service and Department of Justice."

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